B/E Aerospace

Aeroflot has chosen B/E Aerospace (Rockwell Collins) to supply seats for its 28 Airbus A350-900s, with a contract value of about US$130 million. Panasonic Avionics won a $56.8 million contract for on-board internet and inflight entertainment systems.

Rockwell Collins Inc. closed the acquisition of B/E Aerospace Inc. for $8.6 billion, including assumed debt. The deal combines Rockwell Collins' avionics and cabin electronics with B/E Aerospace's cabin interior products.

B/E Aerospace stockholders voted to approve the merger with Rockwell Collins, with each share to be converted into $34.10 cash and 0.3101 shares of Rockwell Collins common stock. The merger is expected to close in spring 2017.

Rockwell Collins announced that the Hart-Scott-Rodino Act waiting period for its acquisition of B/E Aerospace has passed without objection from the DOJ or FTC. The deal is expected to close in spring 2017.

Rockwell Collins is buying B/E Aerospace, the largest supplier of aircraft cabin equipment, for $6.4 billion. The deal is expected to close by spring 2017, with minimal expected impact on B/E Aerospace operations.